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Paramount (PSKY) Debt Downgraded to Junk Following Warner Bros. (WBD) Deal

Fitch has downgraded Paramount’s debt to junk status and put the media giant on a negative credit watch over uncertainty related to its $110 billion merger with Warner Bros. Discovery, warning that its leverage and free cash flow “may remain outside negative rating sensitivities” for longer than anticipated. The firm said the downgrade reflects “competitive …

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HOLLYWOOD BLOCKBUSTER: NETFLIX TO BUY WBD, MEGA DEAL RESHAPES INDUSTRY

Today, Netflix announced our acquisition of Warner Bros. Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere. https://t.co/rXPFMNIs1A pic.twitter.com/0pdsMUEob8 — netflix⁷ (@netflix) December 5, 2025 Netflix announced Friday it’s reached a deal to buy pieces of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process …

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